113 Hatherley Road, Toronto (Caledonia-Fairbank), Ontario, M6E1W4

For sale

9 days ago

$2.80M

113 Hatherley Road, Toronto (Caledonia-Fairbank), Ontario, M6E1W4

7 bd8 ba2 pk3,250 ft²Lot size 30 × 115 ft (3,450 sq ft)

Listed by CENTURY 21 PERCY FULTON LTD.

277 Harvie Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E4L1

For sale

34 days ago

$1.90M

277 Harvie Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E4L1

9 bd5 ba5 pk3,250 ft²Lot size 36 × 128 ft (4,608 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

6 Carrington Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E2C3

For sale

98 days ago

$1.30M

6 Carrington Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E2C3

6 bd3 ba3 pkLot size 25 × 125 ft (3,125 sq ft)

Listed by HARVEY KALLES REAL ESTATE LTD.

Investment analysis

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$999,900

Toronto

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$999,900

For sale

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10 Fairbank Avenue, Toronto (Caledonia-Fairbank) - Multi-family for Sale

10 Fairbank Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E3Y4

10 beds3 baths3 parking1,750 ft²25 × 125 ft (3,163 sq ft) lot sizeListed 30 days ago

Overview

This multi-family property in Toronto is for sale offering roughly 1,750 sq ft of space. It has been on the market 30 days, fresher than the Toronto average of 51 days.

Multi-Family Properties for Sale in Toronto →All real estate in Toronto →

Description

Rare detached legal duplex in Midtown Toronto offering exceptional flexibility and income potential. Situated on a 25 x 125 ft lot, The Property Offers 6 Bedrooms, 3 Bathrooms In Total, Plus living areas, Approved architectural plans allow the main house to expand from a legal duplex into a legal 4-unit multiplex, with an additional 2-storey garden suite permitted at the rear. Fire separations, egress requirements and structural notes have already been documented, creating a clear path for redevelopment. Located in the rapidly improving Fairbank neighborhood, just steps to parks, schools, community amenities and the soon-to-open Fairbank LRT Station, with Eglinton West subway access nearby. A unique opportunity offering immediate rental income, long-term growth potential and multiple future-use possibilities. (id:66096)

Property Details

MLS®: W13867182
Property Type: Multi-family
Bedrooms: 10
Beds (above / below): 5 above · 5 below
Bathrooms: 3
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 25 × 125 ft (3,163 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Finished, Apartment in basement, Walk out, N/A, N/A
Heating: Electric, Other
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Property Tax: $3,234/yr
Listed: 30 days ago

Features

Appliances: Water meter
Foundation: Block, Poured Concrete
Exterior: Brick Facing
Lot Features: Ravine, Level

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Toronto (Caledonia-Fairbank) listings, avg age

51d

Price / ft²

$571

List price

$1000K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 10-bed multi-family in Toronto (Caledonia-Fairbank) has been listed for 30 days, which is 21 days fresher than the city average of 51. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · SAM AMID

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $999,900, about 12.2× the local median household income of $82,000.

Carrying it typically needs a household income of about $195,315 (20% down, 25-yr amortization, stress-tested) — roughly 138% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$999,900· $571/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,990

Min 7.50%50%

Mortgage payment$5,128/mo

↳ CMHC premium ($36,996 capitalized)

Property tax (est.)$270/mo

Total monthly$5,397

Cash Needed to Close

Down payment (7.50%)$74,990

Land transfer tax$32,946

Est. closing costs$5,500

Total cash needed$113,436

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice